When comparing Elm vs Light Table, the Slant community recommends Elm for most people. In the question“What are the languages that have most powerful and easy to use free IDEs?”Elm is ranked 9th while Light Table is ranked 10th. The most important reason people chose Elm is:

Lack of run-time exceptions makes it easy to produce large swathes of reliable front-end code without drowning in tests.

Pros

Pro

No run-time exceptions

Lack of run-time exceptions makes it easy to produce large swathes of reliable front-end code without drowning in tests.

Pro

Inferred static typing

ML static typing is great because it's always there, you just choose how explicit you want to be and how much you want the compiler to do.

Pro

Designed around high-level front-end development

As Elm was designed as a front-end langauge, it has out of the box support for things like DOM-element creation, letting programmers focus on their application logic, rather than implementation details specific to the web.

Pro

Great and simple way to learn Purely Functional Programming

You can try to apply some functional programming ideas in other languages that have an imperative basis, but you haven't seen the real power unless you tried it in the environment of purely functional programming. Elm is a simple language with great learning resources and easy graphical output, which makes it easy to explore the power of functional programming. Plus programming in Elm is very readable.

Pro

Growing community

Pro

Good documentation

Elm is gaining popularity, somewhat faster than many of the other solutions here. This translates to more code examples, more documentation, and more libraries.

Pro

Super easy refactoring with very helpful compiler errors

In no other language you can refactor so easy without any worries, since the compiler will guide you through. It is like TDD but than compiler-error driven.

Pro

High-level Functional-Reactive Code

Build animations, games, and interactions with an incredibly small amount of terse, readable code.

Pro

Good tooling

All major editors have great support. With Atom for example, Elm plugins are available for linting, formatting, make/compiler support and Elmjutsu will simply overflow you with super useful functions, like navigate to referenced definition and show expression type.

Pro

Missing Syntactic sugar

Easy to learn, most functions have only one way, not 5 alternatives where you must study where to best use what.

Pro

Interactive Programming and Hot Swapping

Support for hot swapping and interactive programming is included.

Pro

Not quite Haskell semantics

Luckily you do not have to learn Haskell to be able to do any Elm. It is meant to be a language that compiles to Javascript, so for Javascript programmers (Front end) not for CS students who want to learn as many different algorithms as possible.

Pro

Batteries included

The Elm Architecture means you don't need to spend valuable time and effort choosing the right frameworks, state management libraries, or build tooling. It's all built in.

Pro

Inline evaluation

With LT's inline evaluation, you don't have to re-compile your whole source file. Each time you want to see an output, all you have to do is hover your cursor over the line you'd like to evaluate and press ctrl+enter; LT will evaluate that line of code for you.

Pro

Your code runs live as you write it

The "Watches" feature lets you see your code running live as you type it. This means that you can debug your code live while writing it, which leads to considerably less programming errors.

Pro

Plugin manager available

LT has a plugin manager built directly inside of it. This plugin manager connects to LT's own registry of plugins, so whenever you want assistance while writing your HTML, JS, or even Python, just open up the plugin manager, search for it, and click the little install button beside it's name. Your plugin will then be installed.

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Cons

Con

Lack of typeclasses

Elm doesn't have typeclasses which means some code needs to be duplicated. A fix in a function that needs typeclasses means all of the duplicates need to be fixed too.

Con

Poor Windows support

Few if any of Elm's core contributors are Windows users and breaking bugs are sometimes left for weeks or months.

Con

Not database-friendly

It is lots of work to make a server or database your "one source of truth", as Elm makes you write endless JSON parse boilerplate to talk to the server.

Con

Adds an additional layer of abstraction

Some users claim that Elm adds an additional layer of abstraction, meaning that it is one more hurdle between the brain and the product.

No cons yet!

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